Auto companies battle AI bots, competition in hiringÂ
Automotive companies are keeping an eye on how AI is changing the job application and hiring processes. Â Used-car retailer ...
Tag: DriveTime
Under the Hood: DriveTime unlikely to absorb faltering Carvana
In the subprime auto industry’s infancy back in 1992, Arizona businessman Ernest Garcia II formed Ugly Duckling from two car ...
Call center volume spikes at Axis Auto
Axis Auto Finance saw a spike in its call center volume after the start of the pandemic, prompting the subprime ...
Can auto ABS weather the pandemic?
In the past few weeks, six auto lenders have jump-started the securitization market after a nearly one-month hiatus. CarMax Auto ...
The all-star of Ally Financial: Doug Timmerman, Auto Finance Executive of the Year
Auto Finance News' inaugural Executive of the Year 2019 Earlier this year, Ally Financial’s illuminated purple logos and iridescent lights ...
Carvana stakeholder named richest person in Arizona
Ernest Garcia II, founder of DriveTime Automotive, and largest shareholder of Carvana Ernest Garcia II, the largest shareholder of Carvana ...
Auto ABS Volume Closes In on $60B
Year-to-date auto securitization volume hit $57.8 billion at the end of April, with prime loan issuance accounting for the lion’s ...
RumbleOn Secures $25M in Floorplan Financing From Ally
Online used-motorcycle retailer RumbleOn has secured a floorplan line of credit for up to $25 million from Ally Bank, the ...
